Alice Oswald has withdrawn her name from this year’s shortlist for the TS Eliot prize for poetry.
After losing its Arts Council funding this year, the Poetry Book Society, which manages the prestigious prize, announced a three year sponsorship from Aurum Funds, a private investment company, to cover the costs.
Oswald told The Bookseller: “I’m uncomfortable about the fact that Aurum Funds, an investment company which exclusively manages funds of hedge funds, is sponsoring the administration of the Eliot Prize; I think poetry should be questioning not endorsing such institutions and for that reason I’m withdrawing from the shortlist.”
See the article in today’s Independent here for more information. It will be interesting to see if anyone else withdraws- I have a feeling they might…